White House Press Release - President Trump's One Big Beautiful Bill Is Now the Law

Today, President Donald J. Trump officially signed The One Big Beautiful Bill into law — a once-in-a-generation piece of legislation that makes good on his campaign promises and puts America First.

Here's what this means for everyday Americans:

• The largest tax cut in history for middle- and working-class Americans
  • According to the Joint Committee on Taxation, the tax bill will most benefit workers and families making less than $50,000 per year.
• Bigger paychecks of $10,000+ more in annual take-home pay for families.
• NO tax on Tips.
• NO tax on Overtime.
• NO tax on Social Security.
• A $12.5 billion modernization of our air traffic control system.
• Permanently increasing the Child Tax Credit for more than 40 million families.
• Permanently securing our borders by finishing the border wall and hiring thousands of new ICE officers and Border Patrol agents.
• Driving down energy costs with a massive expansion of domestic oil and gas production capacity.
• A tax deduction on Made in America auto loan interest.
• Protection for two million family farms from punitive double taxation.
• Creating Trump Investment Accounts for every American newborn.
• Restoring fiscal sanity by cutting $1.5 trillion in spending.
• Strengthening Medicaid by eliminating waste, fraud, and abuse and blocking illegal immigrants from receiving Medicaid.
• Funding the Golden Dome missile defense system to confront 21st century threats.
• Modernizing our military to ensure that it has the resources to be a ready, lethal fighting force after four years of Biden-era weakness.